Report No. 4/2019

Legal basis:

Article 17 section 1 of Market Abuse Regulation

Content of the report:

Referring to the report No. 3/2019, the Management Board of PKO Bank Polski S.A. (the “Bank”) informs that both the Bank’s Management Board and the Bank’s Supervisory Board adopted resolutions pursuant to which – within the scope of its corporate powers – each of these bodies will follow the Polish Financial Supervision Authority ("PFSA") recommendation formulated in the letter from the PFSA dated 25 February 2019 (the “Recommendation”).

In the Recommendation the PFSA confirmed that the Bank fulfils the criteria for the payment of dividend up to 50% of the net profit for 2018 and recommended increasing own funds of the Bank by retaining at least 50% of the net profit for the period from 1 January to 31 December 2018.